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FINANCIAL STATEMENT The project would be expected to generate revenues to cover its costs of service. Increases in property taxes would be used to provide services, such as police and fire services for the increased demand generated by the homes. The applicant will be required to pay development impact fees that will be used to offset the cost of City facilities and infrastructure necessitated by the development. BACKGROUND On October 12, 2015 the applicant, on behalf of the property owner (Pleasant View Church of Christ), submitted applications for a General Plan Amendment, PUD Rezoning and Development Plan, and Tentative Map applications to subdivide the property and construct five new single family homes on a 4.3-acre portion of a 16.2-acre site. The original project was reviewed and discussed at a work session with the Planning Commission held on January 13, 2016. The Commissioners were generally not supportive of a General Plan amendment to allow for increased density on the subject site, with the majority requesting that the project be revised to include only three units, which would not require a General Plan Amendment. Additionally, the Commission requested that the project be modified to provide a meandering sidewalk along the site frontage to allow retention of as many trees as possible and maintain the rural character of the Dublin Canyon Road corridor. On May 6, 2016 the applicant submitted revised plans that eliminated the need for a General Plan Amendment. The revised project included three instead of five homes, as suggested by the Planning Commission. This project was reviewed by the Planning Commission at a regular meeting held July 13, 2016. For a detailed description of the discussion at the January 13 and July 13 meetings, please see the attached Planning Commission staff report and minutes included in Attachments 4 and 5. The project is now before the Council for final action. SITE AND AREA DESCRIPTION The approximately 16.2-acre Pleasant View Church of Christ property (project site) is located at 11300 Dublin Canyon Road and is currently zoned Agriculture (A) District. The church is located at the top of the hill on the property, in the northernmost portion of the site. The property is also bisected by Dublin Creek, which extends west to east, roughly parallel to Dublin Canyon Road. The property is directly across the street from the Young property (11249 Dublin Canyon Road), the site of a PUD Development Plan approved earlier this year consisting of the retention of the existing single-family residence and the construction of two new single-family residences. Page 2 of 8